This article by Hugo Gray was originally published on The Green Fund, and appears here with permission.
Conversely, the Australian Cannabis Index underperformed again last week, as investors turned their attention towards the US cannabis market.
The US cannabis market reacted in jubilation last week, after the Secure and Fair Enforcement (SAFE) Banking Act which would make it legal for insurers and banks to work with the cannabis industry was successfully passed by the House of Representatives.
Meanwhile, the recent influx of states electing to legalize cannabis prompted analysts at the investment firm Cowen Inc to revise their annual market forecast for the US recreational market to $41 billion by 2025.
Bod Australia notches up highest ever monthly sales of medicinal cannabis
The recent prescription sales growth highlights the company’s ability to generate strong revenues across its operating divisions. The company has sold 13,624 MediCabilis™ units since first prescriptions in Q1 CY2019.
Bod Australia Ltd (ASX:BDA) has recorded its highest ever month of medicinal cannabis sales during April, filling a total of 1,789 MediCabilis prescriptions in Australia.
This major achievement highlights an 11% increase on the previous month (March 2021 prescriptions: 1,617) and takes the total MediCabilis™ prescriptions filled in FY2021 to 9,519.
During April, Bod filled around 27% of the total Special Access Scheme Category B prescriptions filled across Australia (total: 6,682).
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Energy positive house slashes bills by £1,000 a year
The house designed by Cardiff University is net negative in carbon emissions
Image: SOLCER House / Cardiff University
A three-bedroom house built at Welsh village of Pyle, considered to be the first affordable energy-positive housing project in the country, could save £1,000 a year on bills.
The 100 square-metre house was designed and built by experts from Cardiff University as a prototype to meet the government’s zero carbon housing target.
It was constructed to generate more energy over a year than it needed, to heat, ventilate, light and power appliances.
According to a new study, the so-called SOLCER House imports around 25% of its energy needs from the grid, mainly to cover heating needs during colder months but over the year 1.3 times the amount that it imports, is exported back to the grid.
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A solar-powered prototype house built in Wales produces 30 per cent more electricity than it consumes over the course of a year, scientists have revealed.
Over 12 months the house pulls 1,112 kWh of energy from the grid but generates a total of 1,458 kWh itself, creating a 31 per cent surplus which is all made by renewable means.
This 346 kWh annual difference is equivalent to saving 179 kg (395lbs) of carbon emissions, researchers say.
The £120,000 SOLCER House is a detached three-bedroom property built by the University of Cardiff.
A solar-powered prototype house built in Wales produces 30 per cent more electricity than it consumes over the course of a year, scientists have said (pictured)